China has officially released new guidelines for the performance evaluation of fund managers, aiming to promote long-term investment strategies. This move is expected to benefit both the public fund industry and investors by encouraging a shift from short-term gains to sustained growth. Industry insiders view this as a necessary evolution for fund management companies, pushing them towards a more institutionalized and platform-driven approach. AI
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RANK_REASON New policy released by a national government impacting a major industry.